Category: To be deleted

National Company Law Appellate Tribunal (NCLAT) on Tuesday stayed the scheduled voting of the lenders to finalise the most preferred bidder for the bankrupt firm

The resolution of Essar Steel has been dragging on for about a year now with even the grace period of 90 days, after the stipulated

This is the third large company to be resolved under the Insolvency and Bankruptcy Code (IBC) after Bhushan Steel and Electrosteel Steels. Lenders to Adhunik

The Kolkata bench of the National Company Law Tribunal (NCLT) on Tuesday approved Liberty House’s resolution plan to acquire Adhunik Metaliks. The bench comprising Justice

The National Company Law Tribunal (NCLT) adjourned the hearing of insolvent firm Uttam Galva Steels (UGSL) till August 13, saying it was waiting for the National Company Law and

Tata Steel is gearing up to acquire Bhushan Power & Steel, going through insolvency proceedings, if it gets the requisite approvals. Much like the Bhushan Steel

The agreement says each resolution plan would be submitted to an overseeing committee comprising experts from the banking industry. As many as 56 lenders are

Around 1,200 operational creditors of Bhushan Power and Steel plan to bring the company’s Jharsuguda plant to a stand-still. Operational creditors of the debt-ridden company told Business Standard they would ensure there was no

The lenders of Bhushan Power and Steel are in the process of finalising the bids The National Company Law Appellate Tribunal (NCLAT) today turned down the plea

Deloitte Touche Tohmatsu India had made its mark in the IBC process by finding the first suitor for a stressed asset. Tata Steel walked away

The Insolvency and Bankruptcy Board of India (IBBI) may shortly go for some “light touch” regulations on the increasingly controversial aspect of fees quoted by

JSW Steel has announced plans to invest Rs. 40,000 crore in the next three years, even as lending rates continue to rise globally. Seshagiri Rao,

National Company Law Tribunal has directed the Insolvency Resolution Professional to consider the revised plan submitted by Thriveni Earthmovers Private Limited in the debt-burdened Lanco

Lifting its earlier stay order, the National Company Law Appellate Tribunal (NCLAT) on Thursday allowed lenders to Bhushan Power and Steel (BPSL) to go ahead

Lifting its earlier stay order, the National Company Law Appellate Tribunal (NCLAT) on Thursday allowed lenders to Bhushan Power and Steel (BPSL) to go ahead

The National Company Law Tribunal today extended the deadline by 16 days to facilitate the Committee of Creditors of Lanco Infratech to examine the revised

Rubbishing allegations that State Bank of IndiaNSE -1.90 % would get an upper hand under the new inter-creditor arrangement for stressed loans, chairman Rajnish Kumar said no power was being

This first-of-a-kind course, designed to provide the Indian youth with better career opportunities, will help them contribute to the overall growth and development of the

Many in the corporate world are shaken by Reserve Bank of India’s queries on foreign investments that companies have received over the years, the declarations they have to give

MS Sahoo, the chairman of the Insolvency and Bankruptcy Board of India that notified regulations for corporate resolution process last week, also says an insolvency